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Conservatives’ Boycotts Wipe Off Billions From Target and Bud Light Valuations, More Brand Battles Upcoming

Major brands such as Bud Light and Target are experiencing significant backlash for their support of LGBTQ causes, resulting in a decline in market capitalization. Target’s recent Pride collection and Bud Light’s partnership with a transgender personality have faced criticism. Other companies, including PetSmart, Chick-fil-A, and Walmart, are also facing boycott calls. Brands are promoting transgender ideologies to comply with ESG standards used by high-profile investors.